Checking

Front

Which of the following is TRUE about checks? The amount of money is written both numerically and in words and You should endorse the back by signing it when depositing a check.

Back

The amount of money is written both numerically and in words and You should endorse the back by signing it when depositing a check.

Front

Which of the following fee(s) may banks charge you?
Online Statement Fee,
Over-drafting your account,
In-Network ATM Fee

Back

Over-drafting your account

Front

Which of the following is TRUE about banks?
- Banks protect & grow your money
- Banks are fun and cool
- Banks like to steal your money.
- Banks can sell your information

Back

Banks protect & grow your money

Front

Your friend wants to open up a checking account. Which of the following items is NOT necessary to do so? His (or his parents') previous year's tax return, Proof of address, Identification

Back

His (or his parents') previous year's tax return

Front

Which of the following is TRUE about Student Checking accounts? There are no minimum balance requirements, They all expire only when you turn 24 years old, Some have monthly fees

Back

Some have monthly fees

Front

What is a typical overdraft fee?

Back

$35

Front

Why is understanding a bank's fees particularly important for students or young adults?

Back

With less banking experience they may incur fees unknowingly

Front

What is the benefit of direct deposit?

Back

You don't have to spend time and energy depositing a check